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Nonprofiteer
← WATERSHED INSTITUTE INC

Form 990 for tax year 2023

Filed by WATERSHED INSTITUTE INC.

Totals

Total revenue
$3,918,492
Total expenses
$4,815,095
Contributions and grants received
$3,076,549
Grants paid
$501,535
Program service revenue
$395,441
Investment income
$464,526
Other revenue
-$18,024
Total assets, end of year
$33,343,202
Total liabilities, end of year
$577,425
Net assets or fund balances, end of year
$32,765,777
Program services expenses (Part IX)
$4,026,575
Management and general expenses
$406,536
Fundraising expenses
$381,984
Program service expenses (Part III)
$4,026,575

Program services were 83.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $312,509

  • 1e · Government grants (contributions)

    $184,645

  • 1f · All other contributions, gifts and grants

    $2,579,395

  • 2a · Program service revenue: PROGRAM

    total $395,441 · related or exempt $395,441

  • 3 · Investment income

    total $464,526 · excluded $464,526

  • 6a · Gross rents

    real property $77,517

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $77,517

  • 6d · Net rental income or loss

    total $77,517 · excluded $77,517

  • 8a · Fundraising events: gross income

    $22,275

  • 8a · Fundraising events: contributions included on line 1c

    $312,509

  • 8b · Fundraising events: direct expenses

    $131,617

  • 8c · Net income from fundraising events

    total -$109,342 · excluded -$109,342

  • 10a · Gross sales of inventory

    $30,068

  • 10b · Cost of goods sold

    $16,267

  • 10c · Net income from sales of inventory

    total $13,801 · excluded $13,801

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $501,535 · program services $501,535

  • 5 · Compensation of officers, directors and key employees

    total $170,018 · program services $113,912 · management and general $28,903 · fundraising $27,203

  • 7 · Other salaries and wages

    total $2,115,075 · program services $1,531,694 · management and general $300,530 · fundraising $282,851

  • 8 · Pension plan contributions

    total $58,950 · program services $49,140 · management and general $5,118 · fundraising $4,692

  • 9 · Other employee benefits

    total $353,662 · program services $294,810 · management and general $30,705 · fundraising $28,147

  • 10 · Payroll taxes

    total $192,605 · program services $136,379 · management and general $28,229 · fundraising $27,997

  • 12 · Advertising and promotion

    total $30,366 · program services $30,366

  • 13 · Office expenses

    total $42,699 · program services $39,807 · fundraising $2,892

  • 22 · Depreciation, depletion and amortization

    total $366,288 · program services $366,288

  • 23 · Insurance

    total $99,362 · program services $99,362

  • 24a · Other expenses: PROFESSIONAL FEES

    total $509,353 · program services $509,353

  • 24b · Other expenses: SUPPLIES

    total $163,404 · program services $154,003 · management and general $4,662 · fundraising $4,739

  • 24c · Other expenses: UTILITIES

    total $40,288 · program services $40,288

  • 24d · Other expenses: PERMITS AND FEES

    total $31,901 · program services $31,901

  • 24e · All other expenses

    total $139,589 · program services $127,737 · management and general $8,389 · fundraising $3,463

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $308,188 · end of year $231,887

  • 2 · Savings and temporary cash investments

    beginning of year $943,683 · end of year $959,519

  • 3 · Pledges and grants receivable

    beginning of year $258,445 · end of year $263,008

  • 8 · Inventories for sale or use

    beginning of year $15,971 · end of year $18,521

  • 9 · Prepaid expenses and deferred charges

    end of year $2,014

  • 10a · Land, buildings and equipment: cost or other basis

    $16,939,027

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,438,824

  • 10c · Land, buildings and equipment, net

    beginning of year $12,932,455 · end of year $13,500,203

  • 11 · Investments: publicly traded securities

    beginning of year $17,351,338 · end of year $18,368,050

  • 17 · Accounts payable and accrued expenses

    beginning of year $130,478 · end of year $219,092

  • 18 · Grants payable

    end of year $358,333

  • 27 · Net assets without donor restrictions

    beginning of year $12,109,576 · end of year $11,727,792

  • 28 · Net assets with donor restrictions

    beginning of year $19,570,026 · end of year $21,037,985

Mission and programs · 2023

Mission

KEEPING WATER CLEAN, SAFE AND HEALTHY IS THE HEART OF OUR MISSION. WE WORK TO PROTECT AND RESTORE OUR WATER AND NATURAL ENVIRONMENT IN CENTRAL NEW JERSEY THROUGH CONSERVATION, ADVOCACY, SCIENCE AND EDUCATION. IT ADDRESSES KEY ISSUES AFFECTING WATER QUALITY AND LAND USE, EDUCATES AREA RESIDENTS ABOUT THE ECOLOGY OF THE NATURAL ENVIRONMENT AND PRESERVES OPEN SPACE BY MAINTAINING A 950-ACRE NATURE RESERVE AND ORGANIC FARM.

Activities or mission (Part I)

KEEPING WATER CLEAN, SAFE AND HEALTHY IS THE HEART OF OUR MISSION. WE WORK TO PROTECT AND RESTORE OUR WATER AND NATURAL ENVIRONMENT IN CENTRAL NEW JERSEY THROUGH CONSERVATION, ADVOCACY, SCIENCE AND EDUCATION.

  • A) SCIENCE - SCIENCE IS AT THE HEART OF THE WATERSHED INSTITUTE'S ENVIRONMENTAL LEADERSHIP. ACROSS THE REGION, WE COLLECT KEY DATA ON THE HEALTH OF OUR STREAMS AND ON OTHER ENVIRONMENTAL FACTORS. WE DISTRIBUTE THE INFORMATION TO CITIZENS AND OFFICIALS IN CENTRAL NEW JERSEY, AND WORK WITH THEM TO ADDRESS POLLUTION OF OUR WATER SUPPLIES AND WATERWAYS. OUR GEOGRAPHIC INFORMATION SYSTEM COMBINES SCIENTIFIC DATA WITH MAPPING SYSTEMS TO HELP LOCAL GOVERNMENTS AND CITIZENS UNDERSTAND THE ENVIRONMENTAL ISSUES FACING OUR COMMUNITIES AND HELP PLAN FOR A BETTER FUTURE. B) ADVOCACY - FOR SEVEN DECADES, THE WATERSHED INSTITUTE HAS LED THE FIGHT TO PRESERVE OUR REGION'S WATER AND LAND. WE ENGAGE LOCAL AND STATE OFFICIALS, URGING THEM TO STRENGTHEN ENVIRONMENTAL PROTECTIONS, IMPROVE PLANNING AND ZONING, AND MAKE BETTER INFORMED DECISIONS ABOUT OUR FUTURE. WE WORK COOPERATIVELY WITH LOCAL TOWNS THROUGH OUR PROJECT FOR MUNICIPAL EXCELLENCE, AND SPEAK OUT AGAINST DEVELOPMENT PROPOSALS THAT WOULD HARM THE LOCAL ENVIRONMENT AND OUR QUALITY OF LIFE.

    Expenses $1,623,953 · Grants $93,202

  • EDUCATION - THE WATERSHED INSTITUTE SERVES MORE THAN 10,000 CHILDREN AND ADULTS THROUGH NEARLY 400 EDUCATION PROGRAMS AND EVENTS EACH YEAR. OUR PROGRAMS INSPIRE AN APPRECIATION OF THE WONDERS OF NATURE AND EXPLAIN WHAT WE CAN DO TO PROTECT OUR ENVIRONMENT. OUR TEACHER WORKSHOPS TRAIN EDUCATORS TO INCORPORATE THE ENVIRONMENT INTO THEIR CURRICULUMS, WHILE ADULT EDUCATION PROGRAMS TEACH STRATEGIES TO REDUCE THE ENVIRONMENTAL IMPACTS OF YOUR HOME AND BUSINESS. AT OUR NATURE CENTER, YOU WILL DISCOVER AN ASSORTMENT OF EXHIBITS AND A COLLECTION OF SMALL CREATURES. SURROUND YOURSELF WITH BUTTERFLIES (IN SEASON) AT THE KATE GORRIE MEMORIAL BUTTERFLY HOUSE.

    Expenses $775,194

  • CONSERVATION - FROM OUR 950-ACRE WATERSHED RESERVE IN HOPEWELL TO LOCATIONS ACROSS THE REGION, VOLUNTEERS AND STAFF ARE ENGAGED IN PROJECTS THAT PROTECT AND RESTORE NATURAL HABITATS. WE HAVE ALSO HELPED FOSTER OTHER IMPORTANT REGIONAL ORGANIZATIONS OVER THE YEARS. IN THE 1980'S, WE HELPED LAUNCH THE D&R GREENWAY LAND TRUST AND THE NORTHEAST ORGANIC FARMING ASSOCIATION OF NEW JERSEY. OUR WATERSHED RESERVE HOSTS FAIRGROWN ORGANIC FARM. THROUGH OUR WATERSHED INSTITUTE, WE HELP BUILD OTHER WATERSHED GROUPS ACROSS THE STATE.

    Expenses $1,627,428 · Grants $408,333

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • See Attached List

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kevin Walsh

    CHIEF OF FINANCE AND ADMIN

    Total calculated
    $137,716
    From this org
    $111,322
    From related orgs
    $0
    Other
    $26,394
    Hours/week
    40

  • Sophie Glovier

    CHIEF OF OPERATIONS

    Total calculated
    $131,392
    From this org
    $104,998
    From related orgs
    $0
    Other
    $26,394
    Hours/week
    40

  • Jenny Ann Kershner

    DEVELOPMENT DIRECTOR

    Total calculated
    $125,053
    From this org
    $103,532
    From related orgs
    $0
    Other
    $21,521
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

  • 3 · Compensation survey or study

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
4 October 2024
IRS schema version
2023v5.1
Source object
202422849349301707

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